N.Y. Retirement & Social Security Law Section 170
Reimbursement of supplemental pension fund by the state

The comptroller shall include with his budget estimate furnished to the governor for each fiscal year amounts estimated by him to be sufficient to reimburse the supplemental pension fund for:

(a)

the cost of providing supplemental pension payments during the current fiscal year to all state retired employees, except those who retired from service with a participating employer of the New York state employees’ retirement system, as defined by subdivision twenty of § 2 (Definitions)section two of this chapter; and

(b)

the state’s pro rata share of the cost of providing supplemental pension payments during the current fiscal year to state retired teachers, such pro rata share to be determined as provided in § 168 (Reimbursement for payments to state retired teachers)section one hundred sixty-eight of this article. The commissioner of education shall furnish the comptroller with such information and data as the comptroller may need to prepare such estimate.

Source: Section 170 — Reimbursement of supplemental pension fund by the state, https://www.­nysenate.­gov/legislation/laws/RSS/170 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 170’s source at nysenate​.gov

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